Curious to learn options for ease of set up and $ hard costs (Think about it like Tier 1, Tier 2, Tier 3, with Tier 1 being "just fine, it works" and Tier 3 being "Pro-Level with Pro Prices")Thank you! 

Just a straight up 11.5% interest rate.

I would owner occupy it so I don't know if I have an avenue to remove them so I can do the condo conversion or if I could even do the condo conversion while they are still in there.

Honestly seems like a little overkill on this decision - unless its strictly a rate-term refinance because rates have dropped, it usually just should come down to a side by side comparison of status quo vs. refinanced (+ how any cash-out capital is deployed)

if the $38K can see a 8% COC return that will pay for 1/2 of the car payment + she gets all the perks of another rental. 

I wish you well in solving the issue. 

Once I'm finished I would just want my purchase price amd the money I spent on renovations back back...for example, i buy a house for 100k put 50k of renovations into, house would now be valued at 250k.

Remove the source of moisture and the mold will disappear.2.

Hi BiggerPockets community,I’m an 18-year-old just starting my journey into real estate and wealth building, and I’ve been following the strategies laid out in books like The Book on Rental Property Investing.

But you can't just start with 6 unknowns.